Showing 1 - 10 of 16
This paper studies the effect of minimum wage changes on spatial equilibriums in local labor markets. Using data for the U.S. and minimum wage variation across state borders, I analyze how commuting, residence, and employment locations change in response to local minimum wage changes. I find...
Persistent link: https://www.econbiz.de/10013040977
I examine the causes and the consequences of differences in labor market outcomes across local labor markets within a country. The focus is on a long-run general equilibrium setting, where workers and firms are free to move across localities and local prices adjust to maintain the spatial...
Persistent link: https://www.econbiz.de/10014025114
Persistent link: https://www.econbiz.de/10013486143
Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions - generated by idiosyncratic tastes and local ties - dominate trade frictions -...
Persistent link: https://www.econbiz.de/10015162731
Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions-generated by idiosyncratic tastes and local ties-dominate trade frictions- generated by...
Persistent link: https://www.econbiz.de/10015164499
Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions—generated by idiosyncratic tastes and local ties—dominate trade...
Persistent link: https://www.econbiz.de/10015164620
Persistent link: https://www.econbiz.de/10010419589
This paper studies how demographics affect aggregate labor market power, the urban wage premium and the spatial concentration of population, I develop a quantitative spatial model in which labor market competitiveness depends on the demographic composition of the local workforce, Using highly...
Persistent link: https://www.econbiz.de/10014490369
Persistent link: https://www.econbiz.de/10012672277
We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...
Persistent link: https://www.econbiz.de/10012388100